What is the estimate of Relever’s beta at its target D/E?

/in /by

Relever Inc. has a debt-to-equity (D/E) ratio of 0.3; its target D/E is 1.6. Relever currently has an estimated beta of 1.1. Relever’s estimated tax rate is 35 percent. What is the estimate of Relever’s beta at its target D/E?